#ACE concall highlights 🔥
*New models coming by Q3.. *
* Capex to be completed by Q4, which would give a runway of extra 4000cr topline.
* Backhoe Loaders market share gone up from 1.5% to 3.5% . Upgrading backhoe loader portfolio to international level.
* By Q3-Q4, Company Will start contract-manufacturing for 2-3 global companies. Also would supply components to global companies. There Could also be Joint-Ventures with other global companies.
* Agri-Equipments, the only segment which has seen a YOY volume de-growth (while the revenues were up by 29%), will see both volume and revenue growing positively from Q2.
* Expecting a top-line growth of 20-25% with a margin of 14-15% for FY23-24.
🫡
*New models coming by Q3.. *
* Capex to be completed by Q4, which would give a runway of extra 4000cr topline.
* Backhoe Loaders market share gone up from 1.5% to 3.5% . Upgrading backhoe loader portfolio to international level.
* By Q3-Q4, Company Will start contract-manufacturing for 2-3 global companies. Also would supply components to global companies. There Could also be Joint-Ventures with other global companies.
* Agri-Equipments, the only segment which has seen a YOY volume de-growth (while the revenues were up by 29%), will see both volume and revenue growing positively from Q2.
* Expecting a top-line growth of 20-25% with a margin of 14-15% for FY23-24.
🫡
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